The People’s Bank of China (PBOC) has fixed the USD/CNY midpoint at 6.9088, marking a decline of 148 pips. This adjustment to the midpoint is part of the PBOC’s strategy to provide policy guidance and manage external pressures, while also supporting the competitiveness of Chinese exports in global markets. The midpoint serves as a crucial anchor for the onshore yuan’s permitted trading band against the dollar.
Virtuals has introduced an incentive program that allocates up to $1 million per month to ecosystem builders whose agents sell services through ACP. This initiative aims to shorten the monetization timeline for productive agents, fostering […]
0G Labs, under the leadership of Jake Salerno, is tackling the increasing centralization of artificial intelligence by developing a comprehensive ecosystem designed to democratize AI as a public good. In light of the growing concern […]
X has announced significant changes to its Paid Partnerships Policy, specifying that content involving financial products, services, or opportunities, including loans and investment services, is no longer eligible for paid promotion on the platform. This […]